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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Confluence who wrote (21733)6/23/1999 8:22:00 PM
From: teevee  Read Replies (4) | Respond to of 26850
 
Confluence,
It sure would be nice to come in close to the SUF figures on development costs...but SA is not the NWT.....I once owned a pile of SUF between $4.50 and $6.00....I sold it all to early between $12.00 and $15.00......ya, SUF has made lots of money, but they also spent it like drunken sailors.....When the big recommendations came out at $9.00 I knew it was heading south(I didn't short it unfortunately)....if you and your friend, maintenance are lucky, you might get your money back some day......right now, SA is deemed by diamond savvy Europeans as "high risk"......if you are trying to attract winspear shareholders to switch to SUF, good luck.......a word of advice......next time you have an in depth look at SUF, try "peeling the onion"....also, if you want to make some good money in the market on diamond shares, I suggest you sell your SUF and buy WSP.....IMO, you will be able to buy back five to ten times as much SUF at the same price or, more than likely, less by this this fall:-)).....maybe we could pursue this topic in depth and at length on the SUF thread?
regards,
teevee